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Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions, according to leaked copies of an interim agreement that officials say broadly matches the document.
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Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and begin a 60-day cease-fire.
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